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In 1996 the company was reorganized into two separate operating divisions, Analytical Instruments and PE Applied Biosystems. The PE Applied Biosystems division accounted for half of Perkin-Elmer's total revenue, with net revenues up by 26%. [1] In 1997, revenues reached almost US$1.3 billion, of which PE Applied Biosystems was US$653 million. [13]
Life Technologies Corporation was a biotech company founded in November 2008 through a US $6.7 billion merger of Invitrogen Corporation and Applied Biosystems Inc. The joint sales of the combined companies were about $3.5 billion; they had about 9,500 employees and owned more than 3,600 licenses and patents.
The predecessor corporation was Invitrogen Corporation (formerly traded as Nasdaq: IVGN), headquartered in Carlsbad, California. In 2008, a merger between Applied Biosystems and Invitrogen [1] was finalized, creating Life Technologies. The latter was acquired by Thermo Fisher Scientific in 2014.
The company's products are sold under the brand names of Thermo Scientific, Fisher Scientific, and several other recognized brand names (e.g. Applied Biosystems, Invitrogen, Patheon, PPD, and Nalgene). According to company figures, as of 2007, 46% of its sales were in life sciences, 20% in healthcare, and 34% in industrial/environmental and safety.
On November 28, 2000, PE Corporation filed SEC Form 8-K to report its announcement of the change of its name to Applera Corporation. At the same time, PE Biosystems Group changed its name to Applied Biosystems Group, and changed its ticker symbol from PEB to ABI. Both name changes became effective November 30, 2000.
In 2008, Applied Biosystems merged with Invitrogen to form Life Technologies. [4] In 2009, Danaher Corporation paid approximately $1.1 billion [5] to buy SCIEX from MDS and the Applied Biosystems/MDS SCIEX joint venture business from Life Technologies. The business unit now operates as SCIEX within the Life Sciences Division of Danaher and is ...
PerkinElmer, Inc., previously styled Perkin-Elmer, is an American global corporation that was founded in 1937 and originally focused on precision optics.Over the years it went into and out of several different businesses via acquisitions and divestitures; these included defense products, semiconductors, computer systems, and others.
The company also manufactured machinery for high speed analysis of biological samples, and its GeneChip Operating Software as a system for managing Affymetrix microarray data. Affymetix's competitors in the DNA Microarray business include Illumina, GE Healthcare, Applied Biosystems, Beckman Coulter, Eppendorf Biochip Systems, and Agilent.